A: We have a program for every size tax office, depending on volume. If it’s a low volume office, we have a no monthly fee option with one flat rate, you pay as you go. Our most popular program has a $19.95 monthly fee only assessed from January-May and you can use the service all year. 

A: The term “merchant services” can be confusing because it refers to a variety of financial services and processes. Traditionally, “merchant services” referred to accepting debit and credit card payments. Now, the definition has broadened to encompass the various tools, companies, and payment processing methods used in your business. The process for merchant services begins when a taxpayer hands you their debit or credit card and ends when the funds are deposited into your tax business bank account. Your merchant services dictate how you accept payments, the type of payments you accept, and which provider you choose.

A: The services include processing payments, setting up payment gateways and even loyalty programs. 

A: Funding can depend on batch times but can be as early as next business day or up to two (2) business days.

A: Depending on which type of program you choose set up can be in real time or take up to two (2) business days.

A: A merchant services account is essentially a line of credit that enables you to accept credit cards. As the applicant for a merchant account, your personal credit is an important consideration during the application process, but it doesn’t have the same effect as it would on a conventional line of credit or a loan application. You may also have the business credit reviewed instead, but that will require additional supporting documentation.

A. No, you may open a merchant account as a sole proprietor, underwriting might ask for some supporting documentation.

A: Unlike other banks that provide general but pricey programs, poor customer service and complicated enrollment, our programs are simple, straightforward, and implemented by experts in the accounting and tax industry.